CapMan publishes Sustainability-Linked Finance Framework

April 4, 2022

CapMan press release
4 April 2022 at 11.10 a.m. EEST

CapMan publishes Sustainability-Linked Finance Framework

CapMan has established a Sustainability-Linked Finance Framework. Under the Framework, CapMan can issue securities, including but not limited to bonds, with a sustainability-linkage. By setting up the Framework, CapMan strives to contribute to solving the major issues related to climate change and to establish a structure for integrating sustainability features in its funding.

Through its Sustainability Performance Targets, CapMan is committed to the Science Based Targets initiative (SBTi) Net-Zero Standard to help its portfolio companies, assets and ultimately stakeholders to transition towards a carbon-neutral society. CapMan also seeks to integrate sustainability objectives into the variable remuneration of its Management Group in order to align the incentives of decision makers with sustainability targets and promote day-to-day actions that prioritise sustainability issues.

“Setting up a framework that links financing to key sustainability performance indicators enables us to connect our debt financing with the establishment of a pathway for greenhouse gas emissions reduction validated by the SBTi as well as with the integration of sustainability objectives with executive remuneration. This Sustainability-Linked Finance Framework is the first of its kind for a Finnish company,” comments Atte Rissanen, CFO of CapMan.

The Framework has been established in accordance with the Sustainability-Linked Bond Principles (SLBP) which is a voluntary framework that provides guidelines for how forward-looking sustainability goals can be integrated into bonds. ICMA – International Capital Markets Association is behind the guidelines which were launched in 2020. An external assessment by ISS ESG, a provider of second party opinions, confirms that the Framework is aligned with the SLBP.

The Framework and the second party opinion can be accessed at https://www.capman.com/shareholders/debt-investors/

OP Corporate Bank plc has acted as the Sole Sustainability-Linked Finance Framework adviser.

For further information, please contact:

CAPMAN PLC

Linda Tierala
Director, Communications and IR

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation. As one of the private equity pioneers in the Nordics we have built value in unlisted businesses, real estate, and infrastructure for over three decades. With over to €4.5 billion in assets under management, our objective is to provide attractive returns and innovative solutions to investors. We are dedicated to set science-based targets to reduce our greenhouse gas emissions in line with the Paris Agreement. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover minority and majority investments in portfolio companies and real estate, and infrastructure assets. We also provide wealth management solutions. Our service business includes procurement and analysis, reporting and back office services. Altogether, CapMan employs approximately 160 professionals in Helsinki, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001.